Fair Isaac Corporation (FICO) Stake Raised by Menta Capital LLC
Menta Capital LLC boosted its stake in Fair Isaac Corporation (NYSE:FICO) by 56.1% during the fourth quarter, Holdings Channel reports. The fund owned 31,050 shares of the company’s stock after buying an additional 11,160 shares during the period. Menta Capital LLC owned about 0.10% of Fair Isaac Corporation worth $3,702,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of FICO. Algert Global LLC acquired a new stake in Fair Isaac Corporation during the third quarter valued at $571,000. Oregon Public Employees Retirement Fund increased its stake in Fair Isaac Corporation by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 10,886 shares of the company’s stock valued at $1,356,000 after buying an additional 215 shares during the period. Eqis Capital Management Inc. increased its stake in Fair Isaac Corporation by 18.6% in the third quarter. Eqis Capital Management Inc. now owns 6,802 shares of the company’s stock valued at $847,000 after buying an additional 1,069 shares during the period. Schwab Charles Investment Management Inc. increased its stake in Fair Isaac Corporation by 1.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 146,185 shares of the company’s stock valued at $16,521,000 after buying an additional 2,065 shares during the period. Finally, Stifel Financial Corp increased its stake in Fair Isaac Corporation by 18.5% in the second quarter. Stifel Financial Corp now owns 7,005 shares of the company’s stock valued at $792,000 after buying an additional 1,092 shares during the period. 90.58% of the stock is owned by institutional investors.
Fair Isaac Corporation (NYSE:FICO) traded down 0.01% during mid-day trading on Thursday, hitting $128.79. The company had a trading volume of 171,535 shares. The company has a market capitalization of $4.00 billion, a P/E ratio of 32.50 and a beta of 1.24. Fair Isaac Corporation has a 52-week low of $92.70 and a 52-week high of $132.95. The company has a 50-day moving average price of $123.84 and a 200 day moving average price of $123.03.
Fair Isaac Corporation (NYSE:FICO) last issued its earnings results on Tuesday, January 31st. The company reported $1.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.39. The company earned $219.60 million during the quarter, compared to analysts’ expectations of $212.55 million. Fair Isaac Corporation had a return on equity of 30.90% and a net margin of 14.22%. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.99 EPS. On average, analysts forecast that Fair Isaac Corporation will post $4.96 EPS for the current fiscal year.
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Several analysts have recently weighed in on the company. Zacks Investment Research upgraded Fair Isaac Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, February 2nd. Wells Fargo & Company set a $130.00 price objective on Fair Isaac Corporation and gave the company a “buy” rating in a report on Tuesday, December 6th. Finally, Barclays PLC restated an “equal weight” rating and issued a $125.00 price objective (down from $135.00) on shares of Fair Isaac Corporation in a report on Tuesday, November 8th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Fair Isaac Corporation presently has a consensus rating of “Hold” and an average target price of $126.25.
In other news, insider William J. Lansing sold 7,000 shares of the stock in a transaction on Monday, December 5th. The stock was sold at an average price of $112.87, for a total transaction of $790,090.00. Following the completion of the transaction, the insider now directly owns 149,795 shares in the company, valued at approximately $16,907,361.65. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider William J. Lansing sold 30,000 shares of the stock in a transaction on Tuesday, December 13th. The stock was sold at an average price of $122.28, for a total value of $3,668,400.00. Following the transaction, the insider now owns 177,255 shares of the company’s stock, valued at $21,674,741.40. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 81,832 shares of company stock valued at $10,025,958. 5.60% of the stock is owned by company insiders.
About Fair Isaac Corporation
Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.
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